Quote:
Originally Posted by mykalberta
Exactly
That is capitalism. Its not hard to understand people.
And if you were a junior and didnt save your bucks for a rainy day then you deserve to go bankrupt IMO if your buisness model isnt good enough to operate at $40 US / Barrel.
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If they would actually BOTHER to follow those market rules, this 'recession' would blow over rather quickly.
Oil is going to jump again in the summer. Wait for it.